Students are expected to be familiar with the following topics
Microeconomics
- The Market
- Budget Constraint
- Demand and Supply Functions
- Equilibrium
- Preferences
- Utility
- Welfare
- Asymetric Information
Useful Reference - R. Varian: Intermediate Microeconomics with Calculus, 2nd edition, WW Norton & Co
Chapters: 1, 2, 3, 4, 5, 6, 9, 15, 16, 31, 33, 37.
Macroeconomics
- Goods Markets
- Financial Markets
- Goods and Financial Markets: The IS-LM Model
- Labor Market
- AS/AD Model
- Phillips Curves, Natural Rate of Unemployment, and Inflation
Useful Reference - O. Blanchard, D. W. Johnson: Macroeconomics, 6th edition, Pearson
Chapters: 1, 2, 3, 4, 5, 6, 7, 8.
Calculus
- Equations and Inequalities
- Functions and Graphs
- Logarithmic and Exponential Functions
- Limit of a Sequence
- Differentiation and Computing Derivatives
- Applications of Derivatives
- Maxima and Minima of Functions
- Integration and Fundamental Theorem of Calculus
- Matrix and Vector Calculus
Useful Reference - T. N. Phillips, V. C. Mavron: Elements of Mathematics for Economics and Finance, 2nd edition, Springer
Chapters: 1, 2, 3, 4, 5, 6, 7, 10, 11.
Financial Mathematics
- Simple and Compound Interest
- Future Value and Present Value of Cash Flows
- Valuation of Annuities
- Amortization
- Applications in Business and Economics
Useful Reference - Kevin J. Hastings: Introduction to Financial Mathematics, 2nd edition, Chapman & Hall
Chapter 1
Corporate Finance and Valuation
- Foundation of corporate finance, investment, capital stricture and dividends
- Corporate Finance and governance, Agency Theory and Stakeholders approach
- Notions of risk and return
- Capital budgeting techniques (NPV, IRR, Profitability Index)
- Capital Structure and corporate value
Useful reference - Damodaran A.: Applied Corporate Finance, 3rd edition, Wiley
Chapters: 1, 2, 3 4, 5, 7